(EnergyAsia, December 2 2011, Friday) — Brazil’s state-owned Petrobras is likely to continue owning and operating an 80,000 b/d oil refinery in Japan’s Okinawa which it acquired separately from previous shareholders ExxonMobil in 2008 and Sumitomo Corp in 2010. While not excluding the possibility of selling the refinery, Petrobras may have a business case for holding…
JAPAN: Brazil’s Petrobras to hold onto 80,000 b/d refinery for now
Posted on December 2, 2011 by EnergyAsia